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Rabbit Hole Recap #260: Larry Fink Comes Out of the Closet

Rabbit Hole Recap

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CBDCs and Blue Checks: A False Equivalent

The CBDC is way more powerful than the blue check. There's a lot of equivalent states between CBDC rollout and blue check plan. If you don't interact with CBDCs, you're going to be able to disadvantage everybody else. That is going to be the main incentive to push people into using CBDCs. We are going to probably see it with helicopter money. Sign up for the CBDC wallet. You get a certain amount of money that expires. And if you don't sign up for it and connect it to your identity, then you don't get that money.

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